2010 May 30 Sunday
2 Australians Look At European Economic Crisis

John Clarke gets interviewed by Brian Dawe on Australia's ABC News on the hot political and economic topics of the day. Clarke and Dawe discuss the large amounts of money which European countries owe each other. Since the building financial disaster seems unavoidable at this point it should at least be funny.

Since Peak Oil is going to cause plunging tax revenues these European nations who hold each others' debt are going to fall down like so many dominoes. Might as well laugh about it since there's nothing you can do to stop it.

Back in October 2008 Clarke and Dawes explained how credit and banking work.

Still timely today, back in November 2008 Clarke and Dawe presented a practical guide for riding out the economic storm.

They take on the worthless credit ratings agencies.

Share |      By Randall Parker at 2010 May 30 10:40 AM  Elites Betrayal And Incompetence


Comments
MarkyMark said at May 30, 2010 4:19 PM:

"2 Australians"?

Just can't resist pointing out that John Clarke is a New Zealander (or at-least we like to think of him that way). He was born here and moved to Australia in his 20s after he became famous as a sketch comedian. New Zealand doesn't have many even semi famous people and we can't afford to loose them.

Just as Canada clutches hold of Jim Carey and William Shatner we hold on to John Clarke.

http://en.wikipedia.org/wiki/John_Clarke_%28satirist%29


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